01 / recommendation
Mentions personal use of The Prize.
“The thing I find wild when I'm reading The Prize is just how much economic development is ultimately contingent on the laws of physics.”
- Speaker
- Dwarkesh Patel
- Publisher
- Dwarkesh Podcast
Dwarkesh Podcast / episode intelligence
Daniel Yergin — Oil destroyed Hitler, fracking destroyed Putin
Speakers in the public record
Claim mix
belief 8evaluation 5prediction 4recommendation 2uncertainty 2
Evidence policy
Every row below preserves an exact excerpt. Identified speakers are linked; unresolved voices are labeled and excluded from people counts.
Claim ledger
The useful parts, with receipts.
21 published records
02 / recommendation
Mentions personal use of The Prize.
“With The Prize, one of the things is that I read the whole book aloud to myself to test every sentence.”
- Speaker
- Daniel Yergin
- Publisher
- Dwarkesh Podcast
03 / belief
” In my mind, I did not do a detailed outline, but the pieces came together in this larger narrative that located oil in this larger context of the 20th century.
“” In my mind, I did not do a detailed outline, but the pieces came together in this larger narrative that located oil in this larger context of the 20th century.”
- Speaker
- Daniel Yergin
- Publisher
- Dwarkesh Podcast
04 / uncertainty
Millions of barrels of crude are being pumped out every year. I don't know if there's been any deployment like that since.
“Millions of barrels of crude are being pumped out every year. I don't know if there's been any deployment like that since.”
- Speaker
- Dwarkesh Patel
- Publisher
- Dwarkesh Podcast
05 / belief
There was just inattention and that's one of the risks. I think a lot about energy security as an issue.
“There was just inattention and that's one of the risks. I think a lot about energy security as an issue.”
- Speaker
- Daniel Yergin
- Publisher
- Dwarkesh Podcast
06 / belief
I've found that there are a lot of books which are nominally about one subject, but the author just feels a need to say, "If you really want to understand my topic, you have to understand basically everything else in the world." I think of a couple of biographies especially.
“I've found that there are a lot of books which are nominally about one subject, but the author just feels a need to say, "If you really want to understand my topic, you have to understand basically everything else in the world." I think of a couple of biographies especially.”
- Speaker
- Dwarkesh Patel
- Publisher
- Dwarkesh Podcast
07 / uncertainty
I imagine since you wrote The Prize, world leaders are inviting you to meet them and give advice. I don't know how many stories you can tell from these conversations.
“I imagine since you wrote The Prize, world leaders are inviting you to meet them and give advice. I don't know how many stories you can tell from these conversations.”
- Speaker
- Dwarkesh Patel
- Publisher
- Dwarkesh Podcast
08 / belief
I think Caro said, "I'm going to write this over the summer and then we'll use the book deal to go on vacation afterwards.
“I think Caro said, "I'm going to write this over the summer and then we'll use the book deal to go on vacation afterwards.”
- Speaker
- Dwarkesh Patel
- Publisher
- Dwarkesh Podcast
09 / belief
I think the government did back them up. Remember the British owned a big share of British Petroleum, now BP, until the late 1980s.
“I think the government did back them up. Remember the British owned a big share of British Petroleum, now BP, until the late 1980s.”
- Speaker
- Daniel Yergin
- Publisher
- Dwarkesh Podcast
10 / belief
The most important thing are the technologies that you can see coming or the ones that come from left field like fracking or grasping what AI is going to mean for how our economies work. But I think you made a very important point and that was the discovery in COVID.
“The most important thing are the technologies that you can see coming or the ones that come from left field like fracking or grasping what AI is going to mean for how our economies work. But I think you made a very important point and that was the discovery in COVID.”
- Speaker
- Daniel Yergin
- Publisher
- Dwarkesh Podcast
11 / belief
When I think about what we saw with the oil industry, then what we saw with the automobile industry in the 1920s, it’s kind of like what we saw with the internet at the beginning of the 21st century.
“When I think about what we saw with the oil industry, then what we saw with the automobile industry in the 1920s, it’s kind of like what we saw with the internet at the beginning of the 21st century.”
- Speaker
- Daniel Yergin
- Publisher
- Dwarkesh Podcast
12 / belief
Speaking of solar deployment, I think solar deployment is on an annualized $500 billion budget.
“Speaking of solar deployment, I think solar deployment is on an annualized $500 billion budget.”
- Speaker
- Dwarkesh Patel
- Publisher
- Dwarkesh Podcast
13 / prediction
Two, he saw that the shale revolution would augment the position and influence of the US because the US would no longer be energy dependent.
“Two, he saw that the shale revolution would augment the position and influence of the US because the US would no longer be energy dependent.”
- Speaker
- Daniel Yergin
- Publisher
- Dwarkesh Podcast
14 / evaluation
For China, wind and solar, electric cars, is very much a strategic issue because they see the vulnerability of importing 75% of their oil, much of it coming through the South China Sea.
“For China, wind and solar, electric cars, is very much a strategic issue because they see the vulnerability of importing 75% of their oil, much of it coming through the South China Sea.”
- Speaker
- Daniel Yergin
- Publisher
- Dwarkesh Podcast
15 / evaluation
Suddenly you had European politicians coming to the US to try and secure supplies of LNG because they were so worried about it.
“Suddenly you had European politicians coming to the US to try and secure supplies of LNG because they were so worried about it.”
- Speaker
- Daniel Yergin
- Publisher
- Dwarkesh Podcast
16 / evaluation
With crude oil in the beginning you're producing a certain amount, but you had a glut because you're only using it for lighting.
“With crude oil in the beginning you're producing a certain amount, but you had a glut because you're only using it for lighting.”
- Speaker
- Dwarkesh Patel
- Publisher
- Dwarkesh Podcast
17 / evaluation
People were saying this is treacherous because we'll depend upon oil from far away, from Persia, rather than Welsh coal.
“People were saying this is treacherous because we'll depend upon oil from far away, from Persia, rather than Welsh coal.”
- Speaker
- Daniel Yergin
- Publisher
- Dwarkesh Podcast
18 / prediction
Before the car was invented, when Edison invented the light bulb, people were saying Standard Oil would go bankrupt because the light bulb was invented.
“Before the car was invented, when Edison invented the light bulb, people were saying Standard Oil would go bankrupt because the light bulb was invented.”
- Speaker
- Dwarkesh Patel
- Publisher
- Dwarkesh Podcast
19 / prediction
I don’t know if “instigated” is the right word, but the Pacific War was instigated because the Japanese needed more oil because of the war in Manchuria.
“I don’t know if “instigated” is the right word, but the Pacific War was instigated because the Japanese needed more oil because of the war in Manchuria.”
- Speaker
- Dwarkesh Patel
- Publisher
- Dwarkesh Podcast
20 / evaluation
A mistake, I don’t know. It is the most famous antitrust case in history and reflected the times because you had these big trusts.
“A mistake, I don’t know. It is the most famous antitrust case in history and reflected the times because you had these big trusts.”
- Speaker
- Daniel Yergin
- Publisher
- Dwarkesh Podcast
21 / prediction
These private equity funds or venture capital funds are going to the Gulf countries again because that's where the money is.
“These private equity funds or venture capital funds are going to the Gulf countries again because that's where the money is.”
- Speaker
- Daniel Yergin
- Publisher
- Dwarkesh Podcast